TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Aug 25, 2024 5:58pm
175 Views
Post# 36195391
RE:RE:BPO - The last 8 months
RE:RE:BPO - The last 8 months
Hi Carena
"BPO.PR.A - 61%"
That's right, the "A" was grossly oversold in late December and many of us took advantage.
My wife and I were buying at $8.10 and sold in March for a substantial capital gain once the "A" recovered - more or less in line with the other BPO issues. We may have sold early but... a bird in your hands beats two in the bush.
The proceeds were invested in "T" and ECN.PR.C at $15.40 (yielding 12.9% at the time).
2024 has been a good year so far for high yield preferred shares and we are still holding to all our BPO.PR.T.